Lintec Corporation Announces Earnings Results for the Nine Months Ended December 31, 2019; Announces Earnings Guidance for the Year Ending March 31, 2020
Published on 02/09/2020 at 18:00
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LINTEC Corporation announced earnings results for the nine months ended December 31, 2019. Net sales were JPY 179,307 million compared to JPY 189,134 million a year ago. Operating income was JPY 11,799 million compared to JPY 14,646 million a year ago. Ordinary income was JPY 11,292 million compared to JPY 14,605 million a year ago. Profit attributable to owners of the company was JPY 7,985 million compared to JPY 10,175 million a year ago. Net income per share was JPY 110.56 compared to JPY 140.99 a year ago. Net income per diluted shares was JPY 110.44 million compared to JPY 140.77 million a year ago.
For the year ending March 31, 2020 the company expects net sales of JPY 237,000, operating income of JPY 13,500, ordinary income of JPY 12,500, profit attributable to owners of the company of JPY 9,000 and net income per share of JPY 124.59.
LINTEC Corporation is a Japan-based company mainly involved in the manufacture and sale of printing material and industrial engineering material related products. The Company operates in three business segments. The Printing and Industrial Material-related segment is engaged in the manufacture and sale of adhesive products for seals and labels, label printing machinery, barcode printers, film used for outdoor signages and advertisement, window film, automobile adhesive products and industrial adhesive tape, among others. The Electronic and Optic-related segment provides semiconductor-related adhesive products, semiconductor-related machinery, coating film for laminated ceramic capacitors and optical-related products. The Western Paper and Processing Material-related segment manufactures and sells paper of colorful envelopes, special functional paper, released paper, released film, as well as casting paper for carbon fiber composite materials and synthetic leather.
Lintec Corporation Announces Earnings Results for the Nine Months Ended December 31, 2019; Announces Earnings Guidance for the Year Ending March 31, 2020
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